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Transportation cost analysis: Going beyond benchmarking for improved carrier pricing

FreightWaves SONAR

From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Moreover, this kind of analysis does not focus on who ends up paying which expenses in the end. The challenges of limited transportation cost analysis.

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Navigating the Freight Downturn with Kevin Coomes

The Logistics of Logistics

His expertise extends across a diverse range of industries, including healthcare, energy efficiency, logistics, and technology applications. Their platform not only provides highly accurate buy rates but also offers sell price suggestions based on comprehensive data analysis. By leveraging comprehensive data analysis, Greenscreens.ai

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6 Steps to conduct a freight spend analysis

FreightWaves SONAR

A freight spend analysis can help cut those extra costs. Performing a freight spend analysis reveals extra costs deriving from unforeseen issues. Let’s look at a few best practices and steps to conduct a comprehensive, insightful cost analysis. Know the scope and value of a freight spend analysis.

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Bringing Order to Chaos: Last-Mile Delivery Costs and How to Reduce Them

Locus

Labor costs : The logistics industry is currently facing a significant shortage of qualified drivers in the US, causing a surge in truck driver wages, which constitute 33% of a delivery truck’s operational costs. Among these, clothing retailers had the highest percentage, with 88% of consumers opting to return their orders.

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Decreasing deadheading in trucking: how carriers are turning to data to maximize assets

FreightWaves SONAR

And there remain significant problems within the industry. One of the biggest challenges facing the industry right now is deadheading. Waste matters in the shipping industry because every instance leads to higher freight costs. Access to data for tracking and analysis is critical for success and growth. Think about it.

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What Lessons a Table Fable Teaches About Supply Chain Orchestration

Logistics Viewpoints

I ordered a table online without checking reviews sufficiently. In February 2022 I ordered a lovely midcentury modern table. Multiple calls only muddied the waters, but a few things became clear: inventory was in the warehouse, but my order for it was stuck. Only persistent calls got my order back on track.

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How Freight Management Analytics Simplify Logistics

FreightWaves SONAR

Relying solely on manual shipping data analysis continues to yield poor results. Outdated analysis and management methods are becoming increasingly more difficult amid lockdowns, supply shortages, and increased consumer demands. And the current predictions for the industry have only made these shortcomings more obvious.